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FOX Business
Dec 2, 2012 8:00pm EST
tonight's "chalk talk." massive defense budget cuts not even part of the discussion so far about the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps blo stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance inhe middle east and the united nations this week. judy miller, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or
FOX Business
Dec 9, 2012 6:00pm EST
government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ neil: no deal. bp out, and if automatic cuts cut in january 1st because they have not figured it out, forget the economy. r military could be the one really getting slammed. spending making up for over 50% of the total budget cuts that would automatically be sequesteredded in. all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you thk? >> well, the immediate impact would be on operations and maintenance. basically, cuts in training, programs will be deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these prerly. whenever you talk about budget cuts, usually, you have a premise that what arehe threats that face us. what's a strategy we have to combat those threats? what is the revenue necessary to nd the execution of the st
FOX Business
Dec 7, 2012 8:00pm EST
, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ this family used capital one venture miles to come home for the holidays. that's double miles can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] t it'she family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flightany time! that double miles you can actually use! how illuminang. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! nah. don tell me. tell tiny! [ ice crackling ] [ knuckles cracking ] and who are you supposed to be, back-up? handle it. what you loing at? ha! cat-like reflexes... whoa! [ male announcer ] the coorlight silver bullet pint. 's bigger. it's resealable. it's still the coldest. don't u do it. don't you do it! [ male announcer ] frost bred coors light. the world's most refreshing beer! neil: no deal. bp out, and if automatic cuts cut in january 1st because they have not figured it out, forget the economy. our military could
FOX Business
Dec 9, 2012 1:00am EST
spending cuts that are ought mattic in the defense industry, defense industry alone is looking at hundreds of thousands of job cuts next year with nos mandatory cuts go into effect. i'm not saying they are. sot's both cutting and taxing, we're too focused on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means tt people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happen the worse case scenario, but in five years we won't be notble to borrow money. >> brenda: julian, you can go ahead and respd. >> first of all, the ernst & young study has been debunked over and over. and number two, the bush tax cuts,f you let the bush tax cuts. the crs study was a republican study and found the same thing as the cbo. if you letush tax cuts expire on everybody, yes, you would have negative economic impact.
FOX Business
Dec 5, 2012 12:00am EST
defense. these are not longerm ructural chaes t will put on a path to a balaed budt. that will not happen. melissa: the other thing that struckme about the graphic when you look at it, the threat f from republicans hey, we would rath go over the cliff rather than take the president's deal, to me doesn't look terribly credible when you look at actual numbers. unss you take into perspective we're not really going overor years. but it is just going over the cliff is so focus on raising taxes, on absolutely everybody and spending cuts are really nothat imprsive in tes of getting, you know, the gap down smalle they say if you compare it to the white house plan they would rather g over the cliff. i'm not sure that is really credible given those mbers. what do you think?. >> way some rublicans not l, growing number of republicans are looking at this, assigningle to the president, making clea this t president'slan and they don't ha anything to do with it is politically more benefial for them both in the short-term and the long term, rather than to go along with something on the tax side th
FOX Business
Dec 6, 2012 11:00pm EST
to half a trillion in cuts, inomtic programs and half a trillion in defense, understand at this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case. i'm hoping we'll have new members come in. and you know, we -- just sawaw , i got involved in not a fiscal thing but it had to do with a u.n.reaty that the left's to s to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay attention. neil: you are a force, you are a very commanding force it would be in upper tier of perspective presidential candidate. >> i appreciate, that but point is, i do not say that to pat our organization on th
FOX Business
Dec 4, 2012 10:00pm EST
was gist a black and white a binning, defense had to ask. the same picture but now in color, defense asked again and again. to be fair torosecution,. lou: i know how fair you lawyers like to be. >> that iss. they may not have had theolor in their own file. lou: are we going through this? >> just giving you both sides. lou: do you think that any grand jury would have broughthis -- if they had seen that. no. this -- >> they saw the black andhite to beair, they jusdidn't see the cor. >> i don't think that black and white photo and cor photo elicit the same span, you look at this -- response, you look at this photo you immediately think self-defense. lou: we have color otherwise inkhat a travesty of justi all those grand juries in the day of black and white photos. >> it is probable cause for a grand jy. lou: and do you thnk that he should be prosecuted? >> you know, my sense is given that picture, i'm a lot less supporve of pro psecution but. >> it would have changed a lot of people's mines, and if the media had not rushehed to judgeo quickly. >> it will turn on the stan your ground law
FOX Business
Dec 10, 2012 3:00pm EST
look at some of these stocks. let's start with lockheed martin. you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate sector. locate gap stores. all of a sudden end of last week, we saw this huge drop. the stock down about 15%. liz: what is it about gap at this point? >> >> it has been on such a great rally. i think there is some sentiment that because they did not announce any sort of forward diviiend that some of the investors are disappointed. with this thursday coming out with november retail sales data, people are thinking it is maybe not so good much like people are saying at apple that people are taking money off the table, that may be the same
FOX Business
Dec 6, 2012 12:00am EST
green light to send valuable defense funds on things like efforts to make biofuels. the military is focused on alternative energy sources faced constant debate in congress this year and i think rightly some republican senator james inhofe is a member of the armed services committee. senator, welcome back to t show. when i go through these stats it is really staggering. you look at the air force whic paid $59 a gallon for 11,000 gallons of alternative fuel. the navy spent $12 mlion on biofuels at a rate of $26 a gallon. at a time we're talking about raising taxes and the fiscal cliff and what financial problems we're in this country, i read these numbers i want to tear my heart out. how do you feel? >> melissa, it is wse than that. in '09 he had the navy pay $424 a gallon for 20,000 gallons. that is fuel on the market you could buy for $3 a gallon. $424 a gallon. in mind, this president s had a war on our defense system. he disarmed america. he has done away with our brigade combat teams, our ships, our f-22s, c-17s, future combat systems. he uses the excuse. no, i have not reduced t
FOX Business
Dec 9, 2012 8:00pm EST
apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. yeah, i'm kind of a big deal. [sigh] it feels good to
FOX Business
Dec 9, 2012 11:00pm EST
. the foundation for defense of democracy joins us here in ments. the unemloyment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. ♪ music body language-- without saying a word, it can tell you so much. like someone is having a stroke... know the sudden signs. learn f.a.s.t. f- face drooping a-arm weakness s- speech difficul t- time, time to call 911 immediately. the sooner they get to the hospital, the sooner they'll get treatment, and that can make a remarkable difference in their recovery. learn the body language, the suddenigns, and spot a stroke f.a.s.t. i can tell you that childhood is a magical time. but for children with diabetes, life is not quite so carefree. the barbara davis center for childhood diabetes is fighting hard to find a cure. know the signs: irritability, excessive urination, weight loss. if you havany of these signs, please call your doctor. early detection can save your life. give to save lives and r
FOX Business
Dec 1, 2012 8:00pm EST
defense budget cuts not even part of the discussion so far about the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core omy ptfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance in the middle east and the united nations this week. judy miller, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creati
FOX Business
Dec 7, 2012 10:00pm EST
foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pn quickly. try fast, long lasting gaviscon®. ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's "moneyline." the dow and s&p managing gains. the nasdaq weighed down by another bad day for apple and its investors. the dow up 81 points. s&p up four, the nasdaq fell leaven. just over 3 billion shares traded on the big board today. the dow up 1%, s&p slightly higher making three straight wee
FOX Business
Dec 8, 2012 10:00am EST
. syria apparently mixing chemical weapons. the foundation for defense of democry joins us he in moments. the unemploymt rate drops. so did the number of worers in the labour force. we will be taaking abouthis economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. can i help you? i heard you guys can ship ound for less than the ups store. thas right. i'vlearned the only way to get a holay deal is to camp out. you know we've been open all night. ithis a trick to get spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedexffice. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished fo
FOX Business
Dec 3, 2012 6:00pm EST
coming off the edge and going through the middle or linebacker, defensive end and full speed i have to face him up head first, bam, that is concussion every time i do it. now that i know what a concussion is, and symptoms of it i feel like every time i had to make a block like that, i had a slight concussion. melissa:. gerri: unbelievable. thanks for coming on tonight, ricky and peter. >> thanks for having me. >> i hope we don't hear anymore about this kind of thing. >> definitely. gerri: thanks so much. >> thank you. >> thanks for having me. gerri: thank you. now we want to know what you think. here is our question tonight. should the nfl be doing more to protect players? log on to gerriwillis.com. vote on the right-hand side of the screen. i will share results at the end of tonight's show. santa is not the only one who is checking naughty and nice. i check withhconsumers reports that has its own list. >>> government airports, many spend the week practically empty and taxpayers footing the bill. details next. ♪ . music is a universal language. but when i was in an accident... spoke
FOX Business
Dec 3, 2012 10:00pm EST
, something like merope n.m., which is what fun talking about. lou: the last line of defense. >> right. and the bacteria makes millions and millions of colonies. it sees this drug and over time will develop resistance. th particular resistance was developed back in 201, but it has been spreading. they bring it to a nursing home. it is hard totrack it. lou: to this point crt has not been found. >> id is not yet in the communities. we saw that. it ended up in the gym. worried about that here. 40 percent. 40 percent. lou: a comparable disease. >> to give you an idea, you don't see that with hiv or tuberculosis. the biggest problem from a business point of view is that the drug companies don't have an incentive to try to find to give the antibiotics to kill this. even giant said ue every day. mething like this you only would use if you had the deadly bacteria, so it is not profitable for a drug compann to even, but the solution to this problem. they try to mop up they don't have any. no antibiotics out there were all the time against this, and it is going. lou: and there is no drug in the pipel
FOX Business
Dec 3, 2012 8:00pm EST
line of defense. neil: it might be, but after katrina we learned that 140 million of up front federal money given, i don't know what happened to the other 100. maybe it did go out to other areas, and structures -- but that is the wrap against the large sums, you subscribe to 10% loss and abuse of moneys, contractor rule. then by thatting thamath, a gool will never reach the intended folks. >> you are right, the answer is two-fold, you are not throwing out the baby with the bag water. you -- bath water, you need fema and government assistance for a mass disaster on the other hand there has to -- >> money directly to people rather than an intermediary. >> i think you are right, it is an administrative issue, it is how you administer akin program like this. we, at bp got it out fast and right with minimum overhead, that is what ought to be done in a case like this. neil: you have to make tough judgment calls, right, in the case of you, 9/11 that a broker who died on 9/11, his potential earnings going forward, what we could have made had he lived will be higher, than cruelly or no
FOX Business
Dec 5, 2012 6:00pm EST
cliff. gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state budget. the federal strings are tied. i asked the president about this. the federal funds that come down to the state as you may cuts -- we can still have the strength attached to it. it doesn't give leeway to meet your unique circumstances in our state. we are all different. different budgets, different employment rates, different constitutions, different laws. different styles of living and means within our budget. give us some flexibility. gerri: i expect you to be a little bit more upbeat about the fiscal cliff, but i have to tell you, you sound like a lot of people in washington today. concerns over whether these leaders can get together and find common ground and resolve this issue. it would be meaningful to stay like yours. governor, thank you so much for coming on. >> thank you, gerri. gerri: it's not just politi
FOX Business
Dec 10, 2012 1:00pm EST
expected within eight years we will spend more in interest payments then national defense, social security and that they care. if the rates go up, you're talking about billions of dollars of additional expenditures. any progress and talk about the last few weeks. lori: thank you. and i will book you for new year's eve. melissa: breaking news, google gmail service having intermittent outages. it is investigating the issue. gmail has 425 million gmail users worldwide. it is unclear how many have been affected. take a look at google shares up by $0.73 as the news is breaking. shibani joshi will bring us the latest coming up. lori: no federal government has ever find a business more money when it comes to breaking antitrust rules. melissa: cheap natural gas thanks to advances in shale drilling. to the export to make a profit? can i help you? i heard you guys can ship ground for less than the ups ste. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress.
FOX Business
Dec 6, 2012 1:00pm EST
. >> 20 minutes past the hour, this is your fox new fox news b. defense secretary is saying u.s. intelligence services have very serious concerns about the routine use of chemical weapons in syria has the u.s. much official tells fox the syrian president is prepping a deadly nerve agent loading it into bombs for deployment. experts say it is 500 times more toxic than cyanide. the pentagon plan to prepare publications in africa are extremist in al qaeda. manage national core are prepping to launch offensive in northern mali. providing training and equipment and transportation, separation set to begin early next year. over in each of the presidential palace looking like an armed camp is at this time. egyptian military installing barbed wire barricades and stationing tanks after another night of deadly protest. the worst round of violence in two weeks. clashes between rival to mr. this killed the seven last night. those are your headlines, back to lori and melissa. lori: time to get a deal to avoid the fiscal cliff. senate majority leader harry reid just took the floor. he tried to
FOX Business
Dec 6, 2012 3:00pm EST
trades coming in a matter what. >> it is defense. treasury will come down. they are treading water here which is a positive but volumes are down. volume is slightly over and the treasuuy auctions, the fed is going to announce some kind of treasury buying program to stimulate the economy and keep rates low and that will favor stocks so stocks will take care of what is going on in the treasury market. liz: cap it with the hurricanes and the effect which a reverse from negative to positive at some point. >> you saw jobless claims are up but sandy will handicap it a bit. we will won't see a clean job number until next year. once again it will be at my number and will be waiting for the fed. >> oil coming downn it is simply a story of a lot of supply, less demand. >> that has been the story for the last year. we had plenty of demand, plenty of supply, demand is only deteriorated as we have gone through the year and entering the season without a lot of driving going on. when you take out the fear we have of things going on in syria or iran you see us treating at $78 as opposed to where we are
FOX Business
Dec 4, 2012 7:00pm EST
surprised that we are sending patriot missilee and defense systems to the turks? >> no. in fact of this has been hanging fire for some months. the one to make sure they have some means of protecting themselves, not simply from rockets coming in from syria, but they want to protect themselves from what the iranians are building with the help, of course. lou: and we can talk forever about the turkey and the relationship that is emerging there, but i want to talk your, as we wrap up, about this new book. oliver north, heroes proof. set in the future in which you imagine issues that, well, frankly, are taking place today. >> twenty years from now, and i did not have any idea that the terror attack that killed americans would be wise about by an administration r that israel would face the existential threat that it does today. those kinds of things are in this book. of course, hopefully, a brighter future for america when we realize was really happening, the second amendment being denied by the united nations kamal things that this administration is doing in this book. by the way, service member
FOX Business
Dec 8, 2012 6:00pm EST
. meanwhile, why a former defense secretary says the battle in washingt could have our military losing the war. we have more. ♪ i love to eat. i love hanging out with my friends. i have a great fit with my dentes. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ charlie ] try zinc free super poligrip. picyour [bleep] up. you're not [bleep] sittin' here. yes, i am. [laughter] move. move. [laughter/indistinct chatter] bully: give it to him hard. no, no, no, oww. announcer: evy day, kids witness bullying... boy: why are you stabbinge with it? no! announcer: they want to help, but don't know how. no! oww. ohh, you guys... announcer: teach your kids how to be more than a bystander. visit stopbullying.gov. neil: no deal.
FOX Business
Dec 2, 2012 11:00pm EST
tax hikes will be coming from. we will fix that in tonight's "chalk talk." massive defense budget cuts not even part of the discussion so far abt the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. atanasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance in the middle east and the united nations this wee judy millr, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a scond. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i dn't hear creative, imaginative, if you will, rhetic or language
FOX Business
Dec 2, 2012 9:00am EST
percent of the total budget. the big pot is defense spending. we spend trillions on defense. federal pension that is 22 percent of the federal budget. we give pensions to members of congress and lt's look at that and look at entitlements and look at the big honey pot and the big spending. >> i am all with mark in bringing down the pensions of the politicians. here are the facts, in 2009, we had a stimulus spending. 800 billion extra from 2008. guess what, it never stopped. it was supposed to be a one stop 2010 and 11 and 12 we have maintained the extra spending in a time when we had cut back on military spending. >> absolutely. >> and that is increasing and guess what, that adds up to the deficit, right? >> david, the problem is deeper than wh you are describing. this goes back decades. when you look at entitlement spending over the last half century, it has steadily crept up four percent every year and that includes adjustments for pulation growth. so what then? you increase taxes four percent every year? that is absurd. at some point we need both parts to come together and tax this
FOX Business
Dec 7, 2012 7:00pm EST
. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next with peter wallace and. ♪ the catal one cash rewards card gives you 1% cash back on all purches, plus a 50% annl bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more fla. [ southern accent ] 50 percent more tars. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% aual bonus on the cash yoearn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at
FOX Business
Dec 8, 2012 8:00pm EST
defense of democracy here next. stay with us. ♪ lou: breaking news. u.s. officials confirmed that the egyptian authorities have detained a man who has been described variously as, perhaps, an alleged ringleader of an egyptian terrorist network linked to the september 1th attack on the u.s. consulate in benghazi. the united states ambassador and three other americans were killed. also tonight, egyptian president urging national dialogue still, but moving forward with his referendum on an islamist back to constitution. the new york times bureau chief in cairo, david kirkpatrick insting th the muslim brotherhood s not, and i do ," not violent by nature and have come over the last couple of decades, you off me and mor into a moderate conservative but religious moderate regular old political frce. well, joining us now is jonathan chancellor, former counter-terrorism analyst, current vice president of research for the foundation for defense of democracy, and it is good to have you with us. your eaction to kirkpatrick's descriptio. >> let me first say that the brotherhood, when it was ounded
FOX Business
Dec 2, 2012 9:30am EST
is it state government and federal government funded by the lottery. there is a defense between taxes that are forced and lotter which i it. >>> and i think the point. >> there is no way. if you make it vuntary. >> i can't hear anybody! >> and the bigger point here, you got to start somewhere. anybody who comes wup a solution. if it doesn't cover the full pad they slam it down and they say it will not work it is all about the baby steps. we are so screwed up. >> i disagree with that. >> a two dollar lottery. why is it ridiculous julian. >> you are talking about raising billionsnd we have to raise four trillion. >> that's not the only thing to do. >> it is it nolt. we'll not have a cookie today because i am trying not lose five pounds for the moll day. >> it is not funny. the fact of the matter we are taking big steps this is between two or three trillion debt reduction package. it is significant things. we are nolt dealing with serious other thans right now. we are throwing big nbc out there. three trillion over three years and why not hundred years and call it 30 trillion. we a
FOX Business
Dec 6, 2012 11:00am EST
on top of this. he has been very defensive about the fact they are still creating jobs here and abroad. apple, by the way, 60% of business outside of this country. dagen: it is not just about price, it is about scalability and adaptability of the workforces in this nation. charles: there is no dow about it. natural gas gives us an amazing advantage. wages have gone up dramatically in china. we will benefit from that as well. be careful what you ask for. do we really want a whole bunch of four dollars jobs in america, the answer is, no. connell: thank you, charles. great stuff, as always. the irs wants back taxes from amazon. dagen: no shame. one of the most popular places to do your holiday shopping. that is exactly the video we picked that we are going to tell you about coming up. just make sure this is not a public restroom, please. [ laughter ] ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. thonly place in the world you'll find the extraordinarily comfortable slp number experiee. an exclusive
FOX Business
Dec 10, 2012 11:00am EST
breaking out over new legislation that puts the union on defense. dagen: the war on business. antitrust penalties. connell: the economic sanctions on iran. we will find out why this matters so much. dagen: it is the top of the hour. stocks now with nicole petallides. nicole: those breakfast meals are doing so well for mcdonald's. leading them right along. it is a top performer on the dow jones industrials. mcdonald's, we have to take a look at it. they are november sales are coming. all of these worries started to brew whether or not they donalds would launch a deal. they are back. they have winning numbers. they show growth of 2.4%. as i noted, breakfast meals doing well here in the states. of $0.89. allost $90, 89.37. the dow jones industrials, right now, are up one quarter of 1%. this is after wreaths. weeks of gains. last week, we gained about 130 points. the traders that i have talked to, continue to say the trend remains to the upside. back to you. connell: thank you. dagen: president obama pushing his plan for dealing with the fiscal cliff in detroit. connell: peter ba
FOX Business
Dec 8, 2012 3:00am EST
island all on his own, without the government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ man: we are rolling. all right, mama's gonna bring it home, mama's gonna bring it home. oh, no! man: oh, mom! aah! announcer: challen your kids to be active and eat healthy. all right, let's see what you can do. let's go. announcer: search "we can" for ideas on how to get healthy together. neil: no deal. bp out, and if automatic cuts cut in january 1st because they have not figured it out, forget the economy. our military could be the one really getting slammed. spending making up for over 50% of the total budget cuts that would automatically sequesteredd in. all other government programs share the rest. defense, half of them 80 other programs with the other half. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you think? >> well, the immediate imct would be on operations and maintenance. basically, cuts in training, programs will
FOX Business
Dec 8, 2012 6:00am EST
his own, without the government. meanwhile, why a former defense secretary says the battle in washington could have our military losing the war. we have more. ♪ you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. sven gets great rewards for his small business! how does this thing work? oh, i ke it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!! so that's ten security gators, right? put them ony spark card! why settle for less? testing hot tar... great sinesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose uimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions a
FOX Business
Dec 9, 2012 4:00am EST
defense and joint chiefs of staff told me i need to restore and can position himself as st of the protector of u.s. national security. so tre are some clear incentives to the president to lead the country over the fiscal cliff. do i think that's what he wants? probably not, but do i think there are incentives for him to do it temecula. gerri: never looked at it that way. as you look at this debate on going, there are a lot of folks who say we will be flirting with recession or in recession if we do go over t cliff. do you agree? >> that happens only if we go off the cliff andtay off for an extended amount of time. to we don't go into recession just because we don'tave a resolution on january the first. it's a question of whether we have no resolution at that time but it seems that i's likely to a come within a short time. the longer we go into january with no resolutn the ore likely that we do go off the cliff into recession. gerri: the broader concern is if we confined in the ground. great have you on the show. only moments ago i was speaking to a felow whose business is bung and
FOX Business
Dec 5, 2012 8:00pm EST
defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thank you, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain tumors. what is happening is that obamacare, we are finding all sorts of odd taxes that are coming out. now, we are seeing the medical device tax is a big one. basically, this is a tax that will hit the medical industry, and it doesn't hit profits, it hits their sales. charles: the products that keep us alive and help us, by the way, when you say there is not going to be attacks a tax on the middle class, this taxes every person that may ever have to go to a hospital and meet one of these devices. >> yes, that's right. 43,000 jobs cut possibly in this industry. this is an industry that spends $10 billion annually. this is a
FOX Business
Dec 7, 2012 4:00pm EST
representatives. i'm looking major tax increases. major cuts to defense spending, no changes to entitlements. david: if i'm tea party member i've had my legs cut out from john boehner. >> that is absolutely you try. if impresident of the united states and democrats i need a plan that allows us to raise the debt ceiling in 2013. the way i view it you blunt severe components of it but still fiscal drag at beginning of the year. you will still have uncertainty what the size and scope of the federal government will look like 2013 and beyond. is it priced into the market? these markets are trading at generally reasonable valuations. certainly not as cheap as it was last august but stocks are as cheap to bonds as they have been in a very long time. lauren: thank you, brian. i love how we said our portfolios are out of style. david: why he is senior economist for oppenheimer. thanks a lot. >>> a big blow to organized labor in michigan of all places the home of the uaw. state lawmakers approving right to work legislation there. coming up next a state senator on the fast and controversia
FOX Business
Dec 10, 2012 5:00pm EST
to any defense. melissa: rebecca, isn't that hard to prove or regulate or set a yardstick against? i'm told night same like alcohol level like .08. above that you're guilty. marijuana stays in the system longer, different impact on people. doesn't that make it tougher for law enforcement? >> absolutely. it does stay in the blood. they're concerned people will found guilty driving under the influence. we have something called the drug recognition experts. they're used on day-to-day basis when somebody is pulled over for what they believed was an alcohol infraction and turns out what joke which was talking about when they blow into the meter and it comes out 0.0. why are they driving the way that they drove and why did they fail the field sobriety tests? ah, they must be under the influence of drugs which could include prescriptions. and what's been happening with these drug recognition experts that we have been challenging their expert tees. and it turns out that we have somebody from dr. jeffrey janeska from johns hops kins. everybody heard about johns hopkins. he base say said yo
FOX Business
Dec 4, 2012 1:00pm EST
works with me and next thing you know i got a deal. to judge napolitano: hardship is not a defense. what is the defense is the bank didn't downsize and cross 60s and state like new jersey and new york have would you characterize as judicial foreclosure, foreclosure that must be approved by a judge after consent or trial. it is to avoid the robotstamping foreclosure that occurred in other states like florida where the bank, you know, a couple blanks here, they should have stamped their name in, submit documents to the clark and everything is filed here and the bank owns the house and the homeowner never had an opportunity to say i never saw that, never read it, never agreed to it. that is not my signature. the judicial version of foreclosure forces the banks to be honest, to adopt every i and cross every t. it takes them three years to get their money. tracy: the states, 22 states that are judicial thought the beginning of good thing when they declared themselves. judge napolitano: they thought they were protecting the homeowner from a bank that might seize the property too quickly. just
FOX Business
Dec 6, 2012 10:00pm EST
unloads something, most likely, a defensive flair to detour antirebel runners, but that epitomizes the fear of which the serian people now live. rebel forces taking the flight to the assad regime inside the capital with a deadly explosion in the arab red crescent building outside the city. >> it's very clear the regime forces are being grounded down and that they are losing. >> in seeking to squash the uprising, he killed 40,000 people. president obama's top aids feel the fightg takes on a more gruesome character. >> we remain very concerned, very concern that as the opposition advances, i particular on damascus, that the regime might very well consider the use of chemical weapons. >> senior u.s. officials confirmed to fox news that syria have fully mixed an unknown quantitity of the deadly nerve agent loading it on to breakable canisters, an aerosol form to be dropped from above. in dublin, secretary of state clinton met with the russian foreign minister whose regime steadfastly defended syrias, but that changed as the russian leer, close to putin said, quot we have shared and do
FOX Business
Dec 7, 2012 11:00pm EST
would automatically be sequesredded in. all other government programs share the rest. defense, half of them 80 other programs with the other ha. william cohen on why it could be a scary thing. secretary, good to have you. what would be the immediate impact on the military, do you think? >> well, the immediate impact would be on operations and maintenance. bacally, cuts in training, programs will deferred, it would have an impact in terms of our war on terror, in terms of being able to fund these properly. wheneverou talk about budget cuts, usually, you have a premise that what are the threats that face us. what's a strategy we have to combat those threats? what is the revenue necessary to fund the execution of the strategy? now we have a situation where just take it across the board, and deal with it. i think it's going to be very dangerous for us. it's not that the defense budget can't be cut. we already mandated 500 billion in cuts over ten years. this is another 500 billion meing roughly, next year, starting in january, another 58 billion in 2013 comes out. that means we're going
FOX Business
Dec 7, 2012 9:20am EST
for self-defense and some protection but a lot of people are worried about our government, worried about the fiscal situation, they see a lot of instability and they want to protect themselves. stuart: one more topic, the sec slapped netflix with a violation of for a facebook status. scott? netflix posts something on facebook instead of making a formal declaration. the sec doesn't like it. all the problems of being a publicly traded company. you are private. >> wear private. i would never go public. as a privately held company we deal with regulation and reasonable regulation is needed in any financial services business but to go public and make a statement on facebook, the sec is standing there waiting when you are a public company for you to trip. they found this as a trip for him to make this statement on facebook and facebook is a public forum. stuart: when you don't want intrusion. >> i don't want intrusion. stuart: when you don't need to raise the capital to risk going public. >> we are private company and well funded and can't be purchased. life insurance policies for people
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